Cardiff manager Malky Mackay remains in his post following a lengthy meeting with the club's board on Monday.
Meanwhile, Cardiff striker Craig Bellamy believes the club are worse off following the departure of Moody.
"Iain is a huge loss for us, a huge, huge loss because he is outstanding," he said.
"Any club with Iain Moody is a miles better club, without a shadow of a doubt."
Bellamy added: "As a manager, Malky is the best young British manager out there and what he's done for this club in a short space of time is nothing short of remarkable.
"That's not being disrespectful to the managers who were here before him but he's taken it on to another level.
"He's united the city and being from Cardiff that makes me feel very proud."
